DACH unquote
vR and CBG Commerz back VELOX
vR Equity Partners and CBG Commerz Beteiligungskapital, the mezzanine arm of Commerzbank, have provided mezzanine funding for commodities distributor Velox.
Strong economy belies faltering buyout market in Germany
With debt scarcely available and cash-rich corporates looking to diversify through acquisitions, Germany’s buyout market has suffered a heavy blow these last few years - but it is still well-placed to take advantage of opportunities. John Bakie reports
Motion Equity Partners exits ixetic
Motion Equity Partners (formerly Cognetas) has agreed to sell German car parts manufacturer ixetic to Canadian automotive supplier Magna, a deal reportedly worth €308m.
Gilde Healthcare Partners et al. back Definiens
Gilde Healthcare Partners has led a €10m funding round for German image analysis company Definiens.
GE Capital appoints German head of leveraged finance
GE Capital has appointed Ralph Betz as head of its German leveraged finance team in Frankfurt.
BPE 3 holds first close at €55m
BPE's third fund, BPE 3, has held a first close on €55m.
BPE exits TSK to trade buyer
BPE has sold German electrical components quality controller TSK Beteiligungs GmbH and its operating company TSK Pruefsysteme to Swiss trade buyer Komax.
Quilvest expands in Brazil and Switzerland
Quilvest Group has opened its 12th and 13th offices in Sao Paulo and Geneva.
Onex acquires KraussMaffei for €568m
Onex Partners has acquired German processing equipment manufacturer KraussMaffei for €568m.
Acton backs sofatutor.com
Acton Capital Partners has backed online tutoring platform sofatutor.com with a growth equity investment of around €5m.
Chinese hungry for German assets
Recent studies by Rhodium Group and A Capital have suggested that Chinese investors could be in the early stages of a global shopping spree with direct investment into Europe tripling in 2011 to $10bn. With Germany being the most popular market for Chinese...
Wellington Partners IV holds €70m first close
Wellington Partners has held a first closing for Wellington Partners IV Life Science on €70m.
Carlyle launches takeover bid for vwd Group
Carlyle is looking to take German market data provider Vereinigte Wirtschaftsdienste (vwd Group) private.
General Atlantic opens new Munich office
General Atlantic has moved its German operations from Düsseldorf to Munich.
DACH unquote” September 2012
The DACH region’s turnaround market is historically lacklustre and more popular with family offices and private investors than with institutionally backed GPs.
Partners Group closes debt fund on €375m
Partners Group Private Markets Credit Strategies 2012 has held a final close on €375m.
Leonardo & Co appoints MD in Germany
Advisory firm Leonardo & Co has appointed Gerrit Frohn as a managing director in its Frankfurt office.
M&A International hires partner
German mid-cap advisory firm M&A International has hired Dr Horst Friedrich as a new partner.
DACH unquote” July/August 2012
The German government’s bid to switch the country to renewable energy has created a funding gap that needs filling.
TIME backs Transmedia Communications
TIME Equity Partners has invested €6m in Swiss digital media company Transmedia Communications, which operates the iConcerts brand.
TIME backs Brille24 with €7m
TIME Equity Partners has invested €7m in Brille24, a German online retailer of prescription glasses.
Gimv leads €10m round for GOVECS
European private equity firm Gimv has led a €10m financing round for Munich-based electric scooter company GOVECS.
SAP invests in HTGF II
German business software provider SAP has invested in High-Tech Gründerfonds II, a venture fund focusing on start-ups in the technology sector.